IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - KOGNOLI (DIST BELGAUM) - KOGNOLI (DIST BELGAUM) - KOGNOLI

BANK OF INDIA RTGS HO Branch in KOGNOLI (DIST BELGAUM) - Address, IFSC, MICR Code


IFSC Code

BKID0001108

MICR Code

591013522

Branch

KOGNOLI

Contact

8338269324

Address

HOUSE NO. 865 AT & POST KOGNOLIP.B. NO. 1 TALUKA CHIKODI DIST BELGAUM

City

KOGNOLI (DIST BELGAUM)

District

KOGNOLI (DIST BELGAUM)

State

KARNATAKA





What is IFSC Code of BANK OF INDIA situated at KOGNOLI- RTGS-HO?
IFSC Code of BANK OF INDIA situated at KOGNOLI - RTGS-HO is

BKID0001108

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.